Posts tagged with "recapitlisation"

July 30th, 2013By Elias Hazou
THE CENTRAL Bank of Cyprus (CBC) has agreed a 47.5 percent haircut with international lenders on deposits exceeding €100,000 in the Bank of Cyprus in an attempt to recapitalise it.
Deputy government spokesman Victoras Papadopoulos announced the deal after protracted talks spanning the weekend and yesterday. He...

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